06.06.2023

By Robert Romano President Joe Biden would only garner 60 percent of Democratic Party and Democratic-leaning voters in the latest CNN-SSRS poll take May 17 through May 20 , with his main challenger, Robert Kennedy, Jr. garnering 20 percent. Marianne Williamson gets 8 percent. Interestingly, among Biden voters, 42 percent say they “might change [their] mind about […]
06.05.2023

By Robert Romano This week, the U.S. House of Representatives will be considering H.R. 277 , the Regulations from the Executive in Need of Scrutiny (REINS) Act, legislation by U.S. Rep. Kat Cammack (R-Fla.), that would require Congressional approval for any regulation that either costs the economy at least […]
06.02.2023

By Robert Romano The unemployment rate has ticked up off of historic lows to 3.7 percent in May, as 310,000 fewer Americans reported having jobs and those saying they were unemployed increased by 440,000, the latest data by the Bureau of Labor Statistics shows . That’s still pretty low by historic standards, but nothing lasts forever. Following […]
06.01.2023

By Robert Romano The U.S. House of Representatives easily passed H.R. 3746 , the Fiscal Responsibility Act, by a bipartisan majority of 314 to 117 on May 31 , with 149 Republicans and 165 Democrats voting in favor, and 71 Republicans and 46 Democrats opposed. The legislation, which now proceeds to the Senate, would suspend the $31.4 trillion national debt […]
05.31.2023

By Robert Romano “Just confirmed by the non-partisan @USCBO… This will be the LARGEST SPENDING CUT that Congress has ever voted for in history. $2.13 Trillion!” That was House Speaker Kevin McCarthy (R-Calif.) in a May 30 Twitter post pointing to a newly generated Congressional Budget Office (CBO) estimate of the Fiscal […]
05.25.2023

By Robert Romano Florida Republican Governor Ron DeSantis tossed his hat into the ring for the 2024 Republican presidential nomination in an unusual Twitter Spaces announcement on May 24 on investor David Sacks’ Twitter account , stating, “I am running for President of the United States to lead our great American comeback.” Governor […]
05.24.2023

By Robert Romano 258 million people were at increased risk for starvation in 2022, according to the United Nations’ (UN) “Global Report on Food Crises 2023,” up from 193 million in 2021, a 33.6 percent increase, as Russia’s invasion of Ukraine continues to disrupt global food production and distribution as prices skyrocketed. According […]
05.23.2023

By Robert Romano “I’m looking at the Fourteenth Amendment, as to whether or not we have the authority. I think we have the authority.” That was President Joe Biden in Hiroshima, Japan for the G7 meeting on May 21 at a press conference , outlining his view that the President of the United States somehow has the power to add as much new debt above the […]
05.22.2023

By Robert Romano There’s enough revenue to pay interest on the debt even if the $31.4 trillion debt ceiling is reached. Meaning, if the U.S. defaults on the debt on June 1, it will be because President Joe Biden chose not to make principal and interest payments […]
05.19.2023

By Robert Romano The House Judiciary Committee and the Select Subcommittee on the Weaponization of the Federal Government on May 18 released a detailed report on Federal Bureau of Investigation (FBI) showing repeated retaliation against FBI whistleblowers who uncovered abuses in the course of investigations into Jan. 6, 2021 protesters, […]
05.18.2023

By Robert Romano “[I]t’s not a revenue problem, it’s a spending problem.” That was House Speaker Kevin McCarthy (R-Calif.) speaking to reporters on May 17 following a meeting with President Joe Biden and Congressional leaders in both parties, attempting to reach an agreement on increasing the $31.4 trillion debt ceiling and budget spending […]
05.16.2023

By Robert Romano Special Counsel John Durham has finished his voluminous report outlining the Justice Department, State Department, intelligence agencies and FBI’s “confirmation bias” that led to a years-long investigation of former President Donald Trump’s 2016 presidential campaign, transition and then administration falsely alleging that Trump and his campaign were […]
05.15.2023

By Robert Romano The Supreme Court may be about to strike down the precedent that put the administrative state on a rapid ascent—the 1984 Chevron v. Natural Resources Defense Council decision—that has made executive agencies the primary lawmakers and not Congress as originally envisioned under Article I of the U.S. Constitution. The case, […]
05.12.2023

By Robert Romano Since President Joe Biden took office in Jan. 2021, there have been more than 5.9 million illegal border crossings, according to the latest data by the U.S. Customs and Border Patrol from fiscal years 2023 , 2022 and 2021 . Of those, more than 2.9 million were deemed Title 42 Covid restriction or Title 8 inadmissibles or removals. The other 3 […]
05.11.2023

By Robert Romano President Joe Biden, his son, Hunter Biden, and other Biden relatives and associates have received millions of dollars of payments from Romanian and Chinese sources, a memorandum of bank records published by the House Oversight Committee has revealed as Republicans on the committee raised “influence peddling” and other pay-for-play […]